Work in Progress > Job Postings > WIP Job Closure

WIP Job Closure

You use this program to set a job to complete and distribute any outstanding work in progress amounts to the General Ledger. In addition, this program can also be used to set a job to incomplete.

Toolbar and menu

Field Description
Options  
Preferences Indicate the default settings you require for this program.
Change Period Use the Change Posting Period program to change the general ledger period to which you want to post transaction entries.

You can change this before you post your first transaction. To change the posting period once you have posted at least one transaction, you will need to exit the program and re-load it.
Change Date Change the date that must be used for the transaction.
New Clear all information currently displayed on the screen and indicate a job number to close.
GL Distribution

Distribute any outstanding work in progress values to the General Ledger module.

You use this function to re-enable the GL Distribution Entry listview, if you selected the Save option before entering all transactions (i.e. before the undistributed value is zero).

The values to distribute are calculated according to the Costing method (see Inventory Setup) and the cost basis selected for the receipt of the job (see Job Receipts).

  • If you are using Standard costing then the apportionment is calculated based on the Bill of Materials cost held against the parent item (see Stock Code Maintenance). The values are calculated as follows:

    Material distribution = Receipt quantity x (BOM operation cost + BOM material cost + BOM fixed overhead cost + BOM variable overhead cost + BOM subcontract cost) - (Receipt quantity x BOM operation cost)

    Labor distribution = Total distribution cost - Material distribution

  • If you are not using Standard costing and the cost basis is set to Use WIP value, then:

    Material distribution = Material costs to date

    Labor distribution = Labor costs to date

  • If you are not using Standard costing and the cost basis is set to Actual cost, then:

    Material distribution = Calculated material cost per x Receipt quantity

    Labor distribution = Calculated labor cost per x Receipt quantity

  • If you are not using Standard costing and the cost basis is set to Current cost or to Manual entry, then:

    Material distribution = (Value to distribute x Expected material cost per) / (Expected material cost per + Expected labor cost per)

    Labor distribution = Value to distribute - Material distribution
Post

Post any outstanding amounts to General Ledger. All outstanding amounts must be fully distributed before you can select this option.

All reserved stock against allocations is released when the job is set to complete. This applies when the Reserve stock for allocations option is enabled (WIP Setup) and stock was reserved for the allocation.

When a job for a notional part is closed:

  • all co-products for that notional part are set to complete, the quantity ordered in the relevant warehouse is reduced and all reserved lots and serials (if applicable) are released.

  • if there is a WIP variance, then the WIP part booking records are output per co-product.

    The co-product material value is calculated by subtracting the co-product material issues from the material cost to date.

    The co-product labor value is calculated by subtracting the co-product labor issues from the labor cost to date.

    Each co-product will net off the overall job material and labor value supplied and co-product material and labor issues are updated.

[Note]

If you password protected the completion of a job, then any outstanding purchase orders, materials or operations, must be entered before you can close the job (Password Definition).

Preferences

This screen is displayed when you select the Preferences function.

Field Description
Save Preference Save your selections against your operator code. Your selections remain in force until changed.
Default ledger code  
Ledger code Indicate the default General Ledger distribution account that must be used during the ledger distribution phase of the program.
Ledger description The description defined against the General Ledger code you selected.

Job Entry Details

Field Description
Job Indicate the job you want to close.
Job description The description defined against the job.
Stock code The parent item being manufactured against the job.
Stock code description The description of the parent item being manufactured against the job.
Rev/Rel The revision/release of the parent stock item, where this item is ECC controlled.
Unit of measure The unit of measure for the parent item.
WIP outstanding values  
WIP material value

Indicate the outstanding material value that must be distributed for the job.

This defaults to the outstanding work in progress material value for the job. This is calculated as:

WIP Material value = Material costs to date - Material Issues from WIP

where:

Costs to date = Cost of material issued to the job

and

Issues from WIP = Cost of material distributed from WIP on receipt
WIP labor value

Indicate the outstanding labor value that must be distributed for the job.

This defaults to the outstanding work in progress labor value for the job.

This is calculated as:

WIP labor value = Labor cost to date - Labor Issues from WIP

where:

Costs to date = Cost of labor issued to the job

and

Issues from WIP = Cost of labor distributed from WIP on receipt
WIP total value The work in progress value for the job.
Additional reference

Enter an additional reference notation for the job receipt.

The text you enter here is printed on the Distribution report and is displayed when you select the WIP Booked tab of the WIP Query.
Job complete

Set the job to complete or deselect this option to set the job to incomplete.

This option is selected by default when you access the WIP Job Closure program.

When you set a job to complete:

  • outstanding operations are also set to complete, unless the option: Work in Progress load levelling required (WIP Setup) is enabled.

  • all allocations are set to complete and any reserved stock for them is released. This applies when the Reserve stock for allocations option is enabled (WIP Setup) and stock was reserved for the allocation.

You can deselect this option to set a previously completed job to incomplete.

When you set a job to incomplete, the following apply:

  • If the quantity received is less than the quantity manufactured, then the difference between these quantities is added to the warehouse quantity on order.

  • Material and/or labor allocations previously set to complete (when the job was set to complete) are set to incomplete. In addition, the Quantity allocated to WIP is updated with the quantity outstanding and capacity against the work center is reset for operations, if load levelling is required.

  • If reserved lots and serials were attached to the job (at both the parent and component level), then a warning is displayed that there are reserved lots and serials for the WIP Job.

    If you select to continue the process, all reserved lots and serials against the WIP parent item are flagged as incomplete, provided these allocations were either partially posted to, or there were no issues.

    Note that the system re-reserves the balance outstanding against allocation. This treatment applies to both serials and lots.

  • When you set a complete notional part job to be incomplete and you reverse a variance distributed, the WIP part booking records created for the co-products when setting the job to be complete are used to create the new WIP part booking records.

  • When you set a job to complete, all allocations are set to complete and any reserved stock for them is released.

    Setting the job to incomplete thereafter does not re-reserve stock for allocations. Stock for these allocations must be manually re-reserved using the WIP Reservations Review program as required.

    This applies when the Reserve stock for allocations option is enabled (WIP Setup).

Milestone operations are not set to complete when a job is set to complete. They are only set to complete when using the Labor Posting program to complete the operation. The reason is that a job can be reset to incomplete, but a milestone operation can not.

When you close a job that is already completed, you are prompted to update the Job complete date with the transaction date if these dates differ. If you select Yes, then the Job complete date is changed to the Journal transaction date.

Dates  
Job delivery date The date on which the job should be finished.
Job start date The date on which the job must be/was started.
Job complete date The date on which the job was completed.
Quantity  
Quantity to make The quantity you selected to manufacture for this job.
Quantity manufactured The quantity manufactured to date.
Quantity outstanding The quantity of the finished item that is still outstanding for the job.
WIP issued values  
WIP material issued value The current total value of materials issued to the job.
WIP labor issued value The current total value of labor issued to the job.
WIP total issued value The current total value of materials and labor issued to the job.

GL Distribution Entry

This editable listview enables you to distribute any outstanding amounts for the job to ledger accounts of your choice.

As you add distribution lines to the listview, a running total is displayed at the bottom of the pane.

Field Description
Save Save the distribution entries.
[Note]

If you select the Save option before entering all transactions (i.e. before the undistributed value is zero), then you need to select the GL Distribution function to re-enable the listview to enter the remaining transactions.
Delete

Remove the currently highlighted transaction from the entries listview.

You can only select this option if an entry has already been added.
Apply Undistributed Assign the total outstanding amount to the specified ledger code.
Ledger code

Indicate the ledger code to which you want to distribute outstanding amounts for the job.

If defined within the Preferences, the default G/L distribution account is displayed here automatically.
Ledger description The description defined against the ledger code you entered.
Distributed amount Indicate the amount you want to distribute to the specified ledger account.
Total This is displayed at the bottom of the pane and indicates the amount currently not distributed to a ledger account. You will not be able to post the job closure transactions until this value is zero.

Posting Details

Field Description
Posting month The period into which the transactions will be posted.

You can change this before you post your first transaction. Once you have posted at least one transaction, this field is disabled. To change the posting month, you will need to exit the program and re-load it.
Posting year The year into which the transactions will be posted.
Transaction Date Indicate the date that must be used for the transaction.
Posting values  
Total value The total material and labor value to be distributed to the job.
Distributed value The total value you have currently distributed.
Undistributed value The total value that must still be distributed. You will be unable to post the job closure transactions until this value is zero.

List of Journals

The information in this pane is displayed when you post transactions. Only one journal is created for the run of the program, but a new line is created for each job to which you process transactions.

Field Description
Journal Indicates the Work in Progress journal number created for the transaction.
Journal date Indicates the date on which the Work in Progress journal was created for the transaction.
Operator Indicates the code of the operator who created the journal.
Labor value Indicates the total labor value for the journal.
Material value Indicates the material value for the journal.

Journal Entries

This displays the journal lines for the journal displayed in the List of Journals pane.

Field Description
Line Indicates the journal line number created by the transaction.
Job Indicates the job against which the transaction was processed.
Stock code Indicates the parent stock code for the job.
Transaction value Indicates the total transaction value posted.

Outstanding WIP Values

The details in this pane are displayed for information purposes only.

Field Description
Month Indicates the months for which the values are displayed.
Material value Indicates the outstanding Work in Progress control material value for the job in the corresponding months.
Labor value Indicates the outstanding Work in Progress control labor value for the job in the corresponding months.

Notes and warnings

eSignature considerations

Electronic Signatures provide security access, transaction logging and event triggering. This enables you to increase control over your system changes.

Access to the following eSignature transactions within this program can be restricted at Operator, Group, Role or Company level. You configure this using the Electronic Signatures program.

eSignature Transaction Description
WIP Job closure

Controls access to the Post Transaction function in the WIP Job Closure program.

GL Analysis considerations

  • If the GL analysis required option is enabled for a ledger account used in this program (General Ledger Codes or GL Structure Definition) then the GL Analysis program is displayed when you post the transaction, so that you can enter the analysis details.

    The Ask Me Later function is only available when the option: Force GL Analysis - GL journal posting is enabled for the sub-module (General Ledger Integration - General Ledger tab).

    General Ledger analysis entries are always distributed in the local currency, regardless of the currency in which the original transaction is processed.

Purging completed jobs

  • Completed jobs are only purged by the WIP Period End program if there are no outstanding values held against the job.

GL distribution entry validation

  • Your entry at the ledger code field is validated only if the Work in Progress module is integrated to the General Ledger in detail or summary (General Ledger Integration).

Inserting Application Help

You would typically follow this procedure to display help for the current program in a customized pane that can be pinned to the program window.

Information includes step-by-step instructions for the various functions available within the program, including a brief overview of what the program does, what setup options are required and how to personalize the program.

  1. Open the program for which you want to insert application help into a customized pane.

    This functionality is only available for a program that has panes.

  2. Right-click any form field.

    You can also click the triangle menu icon that appears in the title area of a pane.

  3. Select Insert Application Help from the context-sensitive menu.

    The application help appears in a pane within your program. You can reposition the pane using the docking stickers or pin it to the program window.

Removing the Application Help pane

If you no longer want to display application help in a pane for your current program, you can simply remove it.

  1. Select the Close icon in the right-hand corner of the application help pane.

  2. Confirm that you want to delete the pane.